Serving Ottawa & Surrounding Communities

2459 Watson Crescent Cornwall, Ontario K6H 0H9

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Raised Bungalow Central Air Conditioning Forced Air

$619,000

ONE UNIT VACANT - Great Opportunity! 2459 Watson Crescent is a well maintained and purpose-built duplex with one vacant unit (lower unit) perfect for owner occupant! Both units are 2 bedroom, 1 bathroom, and feature very functional layouts. This property is perfect for an investor looking for a solid appreciating investment or an owner-occupant looking to offset costs with a tenant in the other unit. Current rent for the upper/main unit is $1,837.80 + Utilities while the lower vacant unit has a market rent of $1,950.00 + Utilities. If lower unit was rented the Gross Income would be: $45,453.60, Operating Expenses would be: $10,359.00, and Net Operating Income would be: $35,094.60. The upper unit has a potential rent of $2,100+Utilities or more which would bring the Net Income up further to $38,241. Cornwall's Eastridge development is just a short walk from the St Lawrence River, the bike path, and Grey's Creek. Enjoy a family oriented neighbourhood thats just a short drive from all the amenities that Cornwall has to offer. Both units in this property feature 2 bedrooms, 1 bathroom, and their own laundry room. Separate gas and hydro meters. While the main floor unit features an attached garage, quartz countertops, and a rear deck, the lower unit utilizes the carport and has large bright windows and a spacious storage area. 24-hour notice for showings required. As per Form 244 minimum 24 hour irrevocable required on all offers. (id:37684)

Property Details

MLS® Number X13525986
Property Type Multi-family
Community Name 717 - Cornwall
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Appliances Water Meter
Architectural Style Raised Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type Full, N/a (finished), N/a
Cooling Type Central Air Conditioning
Exterior Finish Stone, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 114 Ft
Size Frontage 65 Ft
Size Irregular 65 X 114 Ft
Size Total Text 65 X 114 Ft

Utilities

Cable Available
Electricity Installed
Sewer Installed

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https://www.realtor.ca/real-estate/29992462/2459-watson-crescent-cornwall-717-cornwall

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